The Pilipino firm selected to manage ECG, Meralco has said it has the financial muscle and technical expertise to transform the power distribution firm.
Renowned asset management and investment banking company, Everbond Financial Service Limited (EFSL) has clinched a top award in Europe.
While trade relations between the U.S. and China have descended into a relay of tariffs and counter-tariffs, developments to reform trade on the African continent are telling a very different story.
The Association of Ghana Industries, (AGI) says it has agreed on key terms with the Chinese government on disbursement of $2 billion for its members.
Ghana’s cocoa regulator, COCOBOD, wants to use the bulk of $600 million in finance that it’s planning to raise for the sector on projects to increase local processing and to replant diseased trees.
Ghana will launch its first exploration licensing round in the last quarter of this year offering about six offshore blocks, deputy energy minister Mohamed Amin Adam said.
Ghana Oil and Gas Insurance Pool, (GOGIP) says it is looking at collecting gross premiums of $50 million through petroleum assets underwriting.
Social Security and National Insurance Trust, (SSNIT), says it is considering another round of “naming and shaming” of employers that fail to pay contributions of their workers.
MTN Ghana has launched ‘aYo Recharge with Care’ to boost insurance penetration among informal workers.
A new study from Habitat for Humanity says that housing microfinance can and should become a mainstream offering for financial institutions in Sub-Saharan Africa.
Chief Executive Officer of Donewell Insurance, has expressed his outfit’s readiness to meet any increase in the minimum capital requirement for insurance companies.
Cryptocurrency expert, Professor Nii Narku Quaynor has urged the Bank of Ghana, (BOG) to revise its stance on the trade in cryptocurrencies.
McOttley Capital, an investment management arm of McOttley Holdings, has assured Ghanaians and its cherished clients of bright future.
Principals in the insurance industry have resolved to provide insurance cover for cyber-based risks most businesses encounter in the country.
South Africa’s Gold Fields and Canada’s Asanko Gold are pleased to announce a 50:50 joint venture partnership with regards to Ghana’s newest gold mine, the Asanko Gold Mine (AGM).
National Insurance Commission (NIC) has clamped down on Swaytel Insurance Company Limited operating in Swedru and its environs in the Central region.
Forty Ghanaian entrepreneurs have been selected to participate in the 2018 Tony Elumelu Foundation for Entrepreneurship Programme.
National Insurance Commission (NIC) is set to clamp down on private commercial buildings which do not have the compulsory fire insurance policy.
Ghana Investment Promotion Centre (GIPC) has said it is confident of meeting its 2018 target of registering foreign direct inflows to the tune of $10 billion.
Ghana is considering selling Africa’s first Samurai bond in 17 years.
Ghana Airports Company Ltd says it has already commenced repayment of loans secured for the $250 million Terminal 3 project at the Kotoka International Airport.
National Insurance Commission, (NIC) has given the green light to a new reinsurance brokerage firm, Afro-Asian Reinsurance Brokers (Gh) Ltd, to operate in Ghana.
With less than a week to the signing of the agreement to allow free movement and trading among African countries, Nigeria has decided to pull out of the deal.
Ivory Coast is selling 1.7 billion euros ($2.1 billion) of bonds in the biggest issuance of debt in the common currency from an African government, according to a person familiar with the matter.
Banks investment in Treasury Bills (T-Bills) reduced significantly to 57.1 percent at the end of December 2017 from 78.1 per cent the same period the previous year, the latest Banking Sector Report published by the Central Bank has revealed.
Ghana raked in $981 million ($981,158,000) as the value of total exports of cashew in 2016. The country emerged as the number one exporter of cashew in–shell for the year 2016.
Ghana has the highest percentage of women business owners worldwide, with Uganda in third, according to the Mastercard Index of Women’s Entrepreneurship (MIWE).
African Development Bank, (AfDB) and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment, which they likened to a “ticking time bomb.”
The Overseas Private Investment Corporation (OPIC) unveiled its global ‘2X Women's Initiative,’ which will mobilize more than $1 billion to projects that support women in developing countries, unlocking the multi-trillion dollar investment opportunity women represent.
World Bank warns of dire consequences for Ghana’s Agric sector if the government does not take steps to address problems within the sector.
The Overseas Private Investment Corporation (OPIC) announced it has committed $2.4 billion to date to the U.S. Power Africa initiative to harness the resources of the private sector to bring more electricity to Africa.
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re- guarantee transaction of an amount of up to $74 million with GuarantCo, to increase its guarantee capacity for SME financing.
Groupe Nduom is set to spearhead the cryptocurrency revolution in the country.
Venture Capital Trust Fund and its partners have invested about $90 million into the SME sector since it was set in 2006, Yaw Owusu-Brempong, CEO of the Fund has said.
Delta Capital Ltd., one of Ghana’s fastest growing investment banking firms, last year chalked up spectacular results that stir up the market.
Private Enterprise Federation (PEF) is downplaying assertions that Ghana’s low performance in the latest corruption perception index, CPI, will affect potential businesses from investing in Ghana.
A survey conducted by the Tourism Research and Advocacy Centre (TRAC) reveals that Ghana has over the past 30 years initiated many interventions aimed at empowering tourism to become a major vehicle for the country’s economic transformation.
The first gold pour from the redeveloped AngloGold Ashanti (AGA) Obuasi Mine is expected in the third quarter of 2019.
National Insurance Commission, NIC, has expressed its commitment to provide a cap for injury and death compensations for third parties before the end of the year.
Sandvik has installed the latest cutting-edge automated loading system for Newmont Gold Ghana Limited. This is expected to make mining more convenient.
Bitcoin is proving that cryptocurrencies can erase wealth as fast as they create it.
Ghana’s cocoa regulator, COCOBOD, will sell as much as GHc2.5 billion ($556 million) of debt to pay for liabilities and operational costs while pledging to end subsidies for farmers, according to a deputy finance minister.
Right Consults, an electronic security firm won the ultimate award – the Star Award of the Year, at the maiden Invest In Africa (IIA) SME Excellence Awards held at the Labadi Beach Hotel in Accra.
General Secretary of the Teachers and Educational Workers Union has confirmed receipt of the union’s share of over GH¢3 billion tier-2 pension funds.
Although global Foreign Direct Investment (FDI) fell from $1.81trillion in 2016, to an estimated $1.52trillion in 2017, investment into Africa, and other developing countries stood almost firm, latest investment trends monitor by the United Nations has shown.
Ghana Union of Traders Association, GUTA, said it is petitioning parliament over the redrafting of the existing GIPC law, Act 865.
The Bank of Ghana has cautioned the public on the use of the bitcoin in the country.
The 22nd edition of the International Trade Fair, slated for February 28 to 7th March 2018, is expected to host all 216 districts across the country to showcase indigenous products and services as well as network with foreign partners.
The President of the African Development Bank has made a compelling case for accelerating Africa’s industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth.
President Akufo-Addo has inaugurated a 10-member Board for the Ghana Investment Promotion Centre, GIPC.
These nuggets, in my opinion, represent what could change the face of doing business in Africa for Young Entrepreneurs.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.